Profit with Phoenix as on 01/09/2009

Dear All,

      Market expected to open light positive today. Global markets find their path way in netural levels.
DOW -47, NASDAQ -19, HANGSEHG +130, NIKKE1 +83, SHANGHAI +12, STRAITS +29.
If Nifty(Fut) could have a strong support @ 4712 levels & move it path way towards 4723 we may travell till 4757/4799 levels. If Nifty(Fut) starts it rally down below 4653 levels we may have an oppurtunity to see 4612/4573 levels shortly. Lets wait to watch the game on Nifty.

Todays Nifty(Fut) trading levels:

Base: 4692
Res: 4695/4718/4744/4769
Mid Res: 4694/4707/4731/4756
Supp: 4670/4666/4640/4615
Mid Supp: 4681/4668/4653/4627

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Have a Happy Trade.......